The little laptop is based on Intel’s Classmate PC, which means it’s powered by a Intel 900MHz Celeron processor with Windows XP installed. The Lukid also features a 9-inch LCD display with a resolution of 800 x 480, 512MB of memory, a li’l 30GB HDD, Wi-Fi, SD card slot, and one (thats right only one) USB port. I guess they’re not really launching this laptop so much as re-branding it, since it’s essentially the second generation Classmate.

The Daewoo Lukid will retail for $530 (KRW 549,000) and only be available in Korea. At this time there is no set release date or reported plans to release it in Europe or the US.